You have a wonderful day. Best wishes. Deas Plant.
NO--not interested--there is a million opinions out there--less alone a foreigner giving there outlook!
Call me Debbie Downer but I'd call them fools for sure. Maybe it's my warped way of thinking, but I can't help but think when you just stop and use a little common sense in thinking about Cat's future that it ain't all roses. It smells like some of the insiders are trying to pump up ol' John Q. Public so they can dump a few million $$ of Caterpillar stock.
From the article; "Caterpillar is a much larger and more diversified company that builds equipment catering to the mining, construction, energy, and transportation sectors."
They have a big stake in mining, now even larger with the Bucyrus purchase. I know there's a war on coal and the gov't is winning it. I don't feel sorry for Cat, they backed the current administration who is waging that war. My point is that this significant sales sector is way down.
I'm pretty sure the metals mining is sucking wind too, not all but a majority. China's economy is not redlining any longer and steel demand is way down affecting iron mines.
Construction is probably their strong suit right now, and it's not breaking any records.
The energy sector is way down, I see it happen here before others do as it's a major part of our state economy. We have a glut of oil at the time and it takes a year or two to work out of that.
As far as the transportation sector, they just divested themselves of the on-highway truck market and they quit making engines for other truck manufacturers a few years ago.
I don't see their reasoning in a stock price rebound, they've just shown their first quarter of significant slowing of sales in a teetering economy in an election year. They've got a long row to hoe yet.
Maybe the Cuban and Iranian markets will save them LOL.
IMHO...CAT is gonna have a hard time...especially with companies like Doosan and Kobelco and Komatsu....ive run some of the newer cat equipment...like the 568 shovels..and the 320 processors...in the woods we are finding they don't have the durability for the cost...and from a operators stand point...the forestry cab is not comfortable at all